alomagicat t1_ithjmin wrote on October 23, 2022 at 6:22 PM

I would not buy a house with your GF unless it will be in only one of your names

ThisAmericanSatire OP t1_ithlma1 wrote on October 23, 2022 at 6:34 PM

Any particular reason behind that?

houdinize t1_ithqpix wrote on October 23, 2022 at 7:06 PM

I’m assuming because if you break up who gets the house? There aren’t the legal protections/procedures for mortgage and ownership like in a marriage. If one of you up and leaves can the other cover the total mortgage? Things like that.

ThisAmericanSatire OP t1_ithtc39 wrote on October 23, 2022 at 7:23 PM

Oh, I thought you/they were going to say some Baltimore/Maryland-specific reason.

We already discussed that possibility and we came to an agreement as to how we'd handle a breakup.

We're also planning to get our wills made soon and, at that point, may just have a contract drawn up that formalizes the percentage each of us owns.

houdinize t1_ithukl3 wrote on October 23, 2022 at 7:30 PM

Oh, you’re right I forgot. In Baltimore, MD specifically if you break up John Waters decides who gets the house and the one who doesn’t has to move to the Eastern Shore.

moderndukes t1_itmswc9 wrote on October 24, 2022 at 8:12 PM

> We're also planning to get our wills made soon and, at that point, may just have a contract drawn up that formalizes the percentage each of us owns.

I know this is offtopic to form stone, but make sure to have independent lawyers assist each of you separately. That’s essentially a prenup.

Quiet_Meaning5874 t1_iti58cc wrote on October 23, 2022 at 8:36 PM

I did and there was no issue (later got married - and divorced - but no issues with many properties purchased).

We made a ton of freaking money off the first one too. Would highly recommend